AMR — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-07

• Over the course of the second quarter, metallurgical coal markets were subdued. Continued uncertainty and volatility resulting from the war in Iran and broader global economic conditions influenced markets. The historically wider-than-normal spreads between Australian-linked low vol and U.S. East Co…

• The world manufacturing Purchasing Managers’ Index (“PMI”) registered a June PMI of 52.2, a decrease from May’s 50-month high of 52.7. China’s June PMI posted a 3-month low of 51.7, down slightly from 51.8 in May. India, a key market for Alpha, recorded a PMI of 54.2 in June, a decline from May’s 55…

• In the seaborne thermal market, the API2 index was $117.80 per metric ton on April 1, 2026, and decreased to $115.65 per metric ton on June 30, 2026.

• Purchases of our met coal were made primarily in several countries in Asia, Europe, South America, and the northeastern and midwestern regions of the United States for purposes of steel production. Purchases of our thermal coal were made primarily for purposes of power generation and industrial uses…

• The following table summarizes information about our coal sales and export revenues during the three and six months ended June 30, 2026 and 2025:

Text removed vs the prior filing · source: 10-Q · 2026-05-08

• Geopolitical and weather-related supply issues influenced metallurgical coal markets in the first quarter of 2026, with the war in Iran causing increased volatility in the energy sector. While not directly linked to war-related electricity generation and power concerns, metallurgical coal markets al…

• The world manufacturing Purchasing Managers’ Index (“PMI”) posted a March PMI of 51.3, representing a decline from February’s 44-month high of 51.8. China’s PMI fell from 52.1 in February to 50.8 in March. India, an important market for Alpha, recorded a PMI of 53.9 in March, down from 56.9 in Febru…

• In the seaborne thermal market, the API2 index was $95.05 per metric ton on January 2, 2026, and increased to $125.75 per metric ton on March 31, 2026.

• For the three months ended March 31, 2026 and 2025, sales of met coal were 3.4 million tons and 3.5 million tons, respectively, and accounted for approximately 93% and 92%, respectively, of our coal sales volume in each period. Sales of thermal coal were 0.2 million tons and 0.3 million tons, respec…

• Purchases of our met coal were made primarily in several countries in Asia, Europe, South America, and the northeastern and midwestern regions of the United States for purposes of steel production. Purchases of our thermal coal were made primarily for purposes of power generation and industrial uses…

Text added vs the prior filing · source: 10-Q · 2026-08-07

• the Condensed Consolidated Financial Statements for additional information. Also refer to the Note 13 to the Consolidated Financial Statements included in our Annual Report on Form 10-K for the year ended December 31, 2025 for discussion on the terms of our long-term debt.

• As of June 30, 2026 and December 31, 2025, we had investments in trading securities of $65.3 million and $83.9 million, respectively, primarily consisting of U.S. government securities. While the fair value of these investments is exposed to risk with respect to changes in market rates of interest, …

Text removed vs the prior filing · source: 10-Q · 2026-05-08

• As of March 31, 2026 and December 31, 2025, we had investments in trading securities of $84.0 million and $83.9 million, respectively, primarily consisting of U.S. government securities. While the fair value of these investments is exposed to risk with respect to changes in market rates of interest,…

Text added vs the prior filing · source: 10-Q · 2026-08-07

• We maintain disclosure controls and procedures as that term is defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), that are designed to ensure that information we are required to disclose in reports that we file or submit under the Exc…

Text removed vs the prior filing · source: 10-Q · 2026-05-08

• We maintain disclosure controls and procedures as that term is defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), that are designed to ensure that information we are required to disclose in reports that we file or submit under the Exc…

• within the time periods specified in the SEC’s rules and forms, and that such information is accumulated and communicated to our management, including our Chief Executive Officer (“CEO”) and our Chief Financial Officer (“CFO”), as appropriate, to allow timely decisions regarding required disclosures…